A Canadian company agreed to buy one of the biggest U.S. marijuana growers in a $3.4 billion deal, but the acquisition is contingent on cannibis production and sales becoming legal in the U.S. at the federal level
Canopy Growth Corp. has agreed to buy one of the biggest U.S. marijuana growers in a $3.4 billion deal as the Canadian company charts a path into the American market.
However, the companies said Thursday that Canopy’s acquisition of Acreage Holdings Inc. is contingent upon cannabis production and sales becoming legal at a federal level in the U.S.
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